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<br />200706638
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<br />The property is located in ...... ..~;t:H...,.........,.......................... ,............ at ...............................,....,.........
<br />(County)
<br />.?~.~..~ ..qX~-N:1RR~. .C;:r:,."......,.................., . ~R{W.I?,. ;r.?~p............................., Nebraska .~.f! !:l9J..............
<br />(Addre~$) (City) (ZIP Code)
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<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as -Property").
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<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ ..............., ....g???f!...??......... ........ . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary .'I security and to perform any of the covenants contained in this
<br />Security Instrument.
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<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt- is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers names, note amounts, interest rates, maturity dates, etc.)
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<br />The note executed by the grantor (8) I borrower (s) on 412l (01
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<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any
<br />promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary executed
<br />after this Security Instnunent whether or not this Security Instnunent is specifically referenced. If more than one
<br />person signs this Security Instrument, each Trustor agrees that this Security Instrument will secure all future
<br />advances and future obligations that are given to or incurred by any one or more Trustor, or anyone or more Trustor
<br />and others. All future advances and other future obligations are secured by this Security Instrument even though all
<br />or part may .not yet be advanced. All future advances and other future obligations are secured as if made on the date
<br />of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or
<br />future loans or advances in any amount. Any such commitment must be agreed to in a separate writing.
<br />C. All obligations Trustor owes to Beneficiary. which may later arise, to the extent not prohibited by law, including,
<br />but not limited to, liabilities for. overdrafts relating to any deposit account agreement between Trustor and
<br />Beneficiary.
<br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring. preserving or otherwise protecting
<br />the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of this
<br />Security Instrument.
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<br />This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of the right of
<br />rescission.
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<br />S. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the
<br />terms of the Secured Debt and this Security Instroment.
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<br />6. WARRANTY OF TITLE. Trustor warrants that Trustor is or will be lawfully seized of the estate conveyed by this
<br />Security Instnlment and has the right to irrevocably grant, convey. and sell the Property to Trustee. in trost, with power of
<br />sale. Trustor also warrants that the Property is unencumbered, except for encumbrances of record.
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<br />7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trost, security agreement or other lien
<br />document that created a prior security interest or encumbrance on the Property, Trustor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder.
<br />C. Not to allow any modification or extension of, nor to request any future advances under any note or agreement
<br />secured by the lien document without Beneficiary s prior wntten cm.;' GT-1S-2S.090 (11/97) (page 2 of 6)
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